Nigeria seeds N500m for software development

SOFTWARE

|
Image: Omobola Johnson. By BiztechAfrica
Omobola Johnson

By Kokumo Goodie, Lagos, Nigeria

The Federal Government of Nigeria has taken a bold step toward ensuring that the ICT sector contributes significantly to gross domestic product (GDP) of the nation.

The government said it has seeded N500 million as part of the USD15m Technology Venture Capital Fund required to grow the nation's local software sector through a software incubation programmes across the country.

Addressing a forum on software incubation in Lagos, the Minister of Communications Technology, Mrs. Omobola Johnson, said the N500m would be seeded through the Nigeria Information Technology Development Fund (NITDEF), stressing that the government seed fund would attract the remaining USD12 million from investors both  locally and internationally.

She said it is part of efforts to grow the software sub-sector of the ICT industry and make it contribute substantially to to the GDP, adding that  the pilot project will be established in Lagos and Calabar, the Cross River State capital.

Johnson said the e-Learning Centre would host the software incubation centre in Lagos while Tinapa Knowledge City would house the Cross River State Innovation centre.

Rather than being government-owned, the minister said the innovation centres would be 'government-inspired' or 'government- catalysed' but would eventually be run by a non profit organisation to be set up soon.

According to her, government would initially provide the enabling environment for the proper take off of the incubation centres and later step aside and allow the centres to have lives of their own.

Specifically, the minister said the software incubation programme would initially be government-funded with the aim of attracting more investors in the long run.

Johnson said Lagos and Calabar would serve as pilots, stating that the Lagos Innovation Centre would take off before the end of the year.

"We have chosen two different locations for test pilots. We will deliver Lagos by year end or early next year. Calabar will be delivered by end of the first quarter of 2013," the minister romised.

Ms. Helen Anatogu, programme manager in charge of the implementation of the software incubation programme, in a presentation, revealed that the Federal Government planned to have established six incubation software incubation centres by the end of 2015.

Some of the potential locations for other software incubation centres, according to the presentation, include Abeokuta, Enugu, Ife and Abuja which she said were chosen based on parameters like presence of large students and availability of tertiary institutions in the areas.

The focus of the software incubation programme and centres, according to her, include enterprise software development, linguistic software, custom programming, mobile software, business intelligence and gaming.

Essentially targeted at students, start-ups and software development companies, she disclosed that the programme would offer business and technological training, access to software development tools at no cost, use of facilities and computer resources for development purposes, mentoring, assistance with marketing and promotion, as well as access to finance.

According to her the models adopted were adapted from that of Egypt, India, US and Kenya.



Share the News

Get Daily Newsletter

comments powered by Disqus

MORE SOFTWARE NEWS

How the cloud helps SMEs tidy up the IT mess

The cloud offers SMEs a number of benefits when it comes to security and business continuity, saysSage Pastel Accounting. Read More

VMware introduces industry’s most comprehensive virtual desktop and application portfolio

Building on AirWatch by VMware Mobility Momentum, VMware Horizon FLEX will further enable IT to embrace BYO and Macs in the enterprise with local virtual desktops. Read More

Microsoft to help boost Congo media tech capacities

Congo-Brazzaville’s under-resourced and ill-equipped media is set to get a lifeline from global technology giant Microsoft to boost its technology capacities and position themselves for the race of the digital revolution. Read More

VMware enhances vCloud Director for service provider partners

New features enable vCloud Air Network service providers to build hybrid clouds for easy consumption in minutes. Read More

Lynx Optics gets a clearer view of its business with Sage 300 ERP

Lynx Optics  – a specialist distributor of optical gear such as binoculars, riflescopes and night vision equipment – has implemented Sage 300 ERP (formerly known as Sage ERP Accpac) to streamline its workflow and gain deeper insight into business performance. Read More

VMware announces VMware Workstation 11 and VMware Player 7 Pro

VMware Workstation 11 marks 15 years of innovation with Windows 10 Tech Preview readiness, state of the art performance and cloud connectivity. Read More

10 steps to application transformation

Whatever reasons an organisation may have for employing application transformation, one of the most critical parts of any such initiative is successful data migration, says MIP Holdings.  Read More

Choosing the right Microsoft Office product for your business needs

Choosing the right version of Office to meet the needs of your business, and your budget, can be a challenging task, says Drive Control Corporation.  Read More

Kenya’s ICT Authority partners SAP for youth ICT training

Former SAP Skills for Africa benefeciaries, Mukhwana Se-Mwami & Mary Wangeci The Kenyan ICT Authority has partnered SAP for the second year to train at least 100 young Kenyans with high-end ICT skills to the value of approximately US$6,000 per student. Read More

Change business with operational analytics

As Big Data analytics moves beyond a buzz word in marketing circles, global enterprises are now also starting to see the potential value of turning analytics inward, to improve their own operations, says Ayanda Dlamini, Business Development Manager at LGR. Read More

PRESS OFFICES

Sage ERP AfricaSAP AfricaSage Pastel AccountingTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionSage HR AfricaMTN BusinessSchneider ElectricMultichoice

FEATURED STORY

Growing African focus on data securityGrowing African focus on data security

Beachhead Solutions’ new SA and Mauritius country manager explains the challenges and solutions around securing customer data and compliance with new personal information legislation.

IN DEPTH

Africa lags on digital migration Africa lags on digital migration

Only three African countries have so far completed the digital migration process, and serious issues are hampering the migration in other nations.